The Memphis appeal. [volume] (Memphis, Tenn.) 1886-1890, 1887-09-15
FINANCE AND COMMERCE.
Honey 8 Per Cent, New York Ex-
change 1.S Premium.
cotton sseady = Midd1fng Cotton
Se-sales Today l40O
Bales

WEDNESDAY, kvKFINGs ooptomper IN Aoo'''
The rate for money remains I'M
changed, and very firm at s per cent.
The banks extend accommodation to
customers only. Local securities may
be considered out Of the market q.
present, owing to the scarcity Of money
for speculative or other purposes.
The local cotton market closed
steady, middliDg declining Lice and
COED middling &c, other grades I'M
changed. The New Orleans market
closed very steady with futures ad.
vanced from to 2 points. New York
spots we're revised and were marked
down S16s on all grades, 90 as to cor
respond with September futures,
which declined 8 points, while
the new crop months advanced
to 4 points. Quotations now
and hereafter will be for both new
and old cotton. O. L. Greene q Cos
report on cot ton futures says: The
market opened somewhat Armer.
Buying orders, however, did not
prove very plenty, AID Is soon as they
were exhausted the tone commenced
to weaken and cost set back, and there
was drag during the balance OF the
day. Especial attention appeared d.
rected upon September In the ham.
meripg process, and II made the
greatest decline under an evident
desire to keep away from actual cot.
ton.
In discussing cotton futures the
Commercial Bulletin states that there
s0ems TO be no special move In Sep.
TENDER, and hardly 81 much strength
as for the later months, aud, while
the current month lie still source oil
nervousness 10 many OF the trade,
that feeling 10 not 30 universal 90 It
was. Indeed, not a few begin 10 think
that 1t will be great deal like August,
and finally 20 out under q scramble Of
longs DESTROYS Of unloading, instead Ct
q furry and tquesIs Of the shorts.
The Liverpool market closed steady,
fair demand, with futures up to 2
points. Id
Sugars, after Q protractsd period OF
stagnatiop, have raised through Q
healthiul consumptive demand. Mo.
lasses and syrups are strong. Rice
has hardened In value and Is firmly
held. Teas are Q shade easier and
coffee Is moving In considerable guam.
titles In the legitimate trade, spsculs-
ton having eased of and drop Of Q
few points In the price having taken
place. CAliiornis dried fruits are
scarce and firm.
LAT New Orleans IS barrels Of new
open kettle molasses arrived Monday
from 81. John Baptist parish. The
LOT clsssed choice open kettle and was
sold at the han isome price Of 95 cents
per gallon. Last season the drst GEN.
trifugsl molsssss arrived October 10th,
and the fret open kettle molasses on
the following day, bringing 6S cents
per gallon. Several PLANTERS expect
TO commence grinding In about ten
dsyr, and by October LIST the season
will open In earnest.
KLLvAToR RTPoRrs.
The following shows the amount Of
grain received, Withdrawn and Ia O. ere
by regular elevators, as reported 10 the
Merchants Exchange today: Wheat
In store, ,24l bushe 8. Corn, received
S642 bushels, with drawn 6i06 bushels,
In store II. S6l bushels. 0lts rec lived
1880 bushels, Withdrawn 3Sl bushels,
In store 1898 bushels.
IMPoRrs.
Thirty fur brls apples, 260 SKIS brau,
81 bbls beans and peas, 20 pkgs butter,
$500 rolls bagging, l62 pkes bacon, 40
pkgs boots and shoes, 200 bu corn,
$40 pkgs cheese, 100 sks coffee, 1911
eks cotton teed, cars cotton reed, 50
pkgs dry goods, IS pkgs eggs, 1862
brls -four, S22 bales hay, IL pkgs hats,
40 head hogs, 90 head cattle, 30 hesd
horses and mules. 1925 pkgs lard, Ill.
900 feet lumber, 60 pkgs liquors, 400
brls lime, 1926 brls meal, IL brls mo.
lasses. 245 kes nails, 5000 bu oais, A
brls onions, 100 brls potatoes, 4 car
pork sides. 10 pkgs rise, $50 brls sugar
l62 pkgs tobacco, and 600 bu wheat.